Scotiabank Has Positive Estimate for Stantec FY2026 Earnings

Stantec Inc. (NYSE:STN) (TSE:STN) – Investment analysts at Scotiabank boosted their FY2026 earnings estimates for Stantec in a report issued on Thursday, October 22nd. Scotiabank analyst J. Goldman now expects that the business services provider will post earnings of $4.51 per share for the year, up from their previous forecast of $4.49. Scotiabank currently has an “Outperform” rating on the stock. The consensus estimate for Stantec’s current full-year earnings is $4.42 per share. Scotiabank also issued estimates for Stantec’s FY2027 earnings at $4.87 EPS.

Stantec (NYSE:STN) (TSE:STN) last announced its earnings results on Wednesday, August 12th. The business services provider reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.01. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.26 billion. Stantec has set its FY 2026 guidance at 4.370-4.490 EPS.

Other equities analysts have also issued reports about the company. Wall Street Zen lowered Stantec from a “buy” rating to a “hold” rating in a research note on Saturday, October 17th. Weiss Ratings raised shares of Stantec from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Stantec in a research report on Friday, August 14th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Stantec has an average rating of “Moderate Buy” and a consensus target price of $175.00.

Stantec Trading Down 0.5%

NYSE STN opened at $70.67 on Monday. The business’s 50-day moving average price is $70.52 and its two-hundred day moving average price is $80.09. Stantec has a 12 month low of $65.35 and a 12 month high of $114.51.

Stantec Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Tuesday, September 29th were given a dividend of C$0.24 per share. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $0.98 dividend on an annualized basis and a yield of 1.4%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Signaturefd LLC increased its position in Stantec by 28.1% in the 3rd quarter. Signaturefd LLC now owns 4,264 shares of the business services provider’s stock valued at $287,000 after buying an additional 935 shares in the last quarter. Axxcess Wealth Management LLC acquired a new stake in shares of Stantec in the 3rd quarter worth about $241,000. QV Investors Inc. raised its holdings in shares of Stantec by 48.5% in the 3rd quarter. QV Investors Inc. now owns 759,645 shares of the business services provider’s stock worth $51,333,000 after acquiring an additional 247,980 shares during the last quarter. Louisbourg Investments Inc. raised its holdings in shares of Stantec by 5.1% in the 3rd quarter. Louisbourg Investments Inc. now owns 106,435 shares of the business services provider’s stock worth $7,197,000 after acquiring an additional 5,183 shares during the last quarter. Finally, Value Partners Investments Inc. bought a new position in Stantec in the 3rd quarter valued at about $47,352,000. 63.86% of the stock is owned by institutional investors and hedge funds.

About Stantec

Stantec Inc is a global professional services company that provides design, engineering, architecture, environmental, and project management services. Its work supports infrastructure and development projects in areas including buildings, transportation, water, energy, and environmental services.

The company serves public- and private-sector clients across North America and in selected international markets. Its multidisciplinary teams help clients plan, design, manage, and deliver projects ranging from transportation networks and water systems to community developments, industrial facilities, and buildings.

Stantec was founded in 1954 in Edmonton, Alberta, by Dr.